While Dimon said we needed a good policy on energy and the environment, JPMorgan Chase has continued to underwrite what the Sierra Club considers some of the dirtiest companies and riskiest coal projects. Some of these projects include:

Massey Energy, the largest and most notorious mountaintop removal coal mining company. Highlights of the company’s dark side include the third largest Clean Water Act fine in U.S. history, buying judicial elections, and attacking reporters.

New coal plants developed by American Municipal Power, Alliant Energy (2 plants) and a subsidiary of American Electric Power. Several of these plants were rejected by regulators and the courts because they were too financially risky, yet JPMorgan Chase continued to underwrite them.

Check out the video below:

On the Sierra Club website, you can take action yourself by sending a message to Dixon encouraging JPMorgan Chase to “Walk the Clean Energy Talk and Quit Coal Today.”

Post from: EveryJoe

Sierra Club: Big Money Behind Dirty Coal